Thursday, August 28, 2008

StoresOnline Sponsors Utah Open Airways Program

StoresOnline Sponsors Utah Open Airways Program

StoresOnline announces it has agreed to continue its partnership with The Utah Open Airways for Schools (OAS). StoresOnline previously provided funding for the 2007-2008 school year.

OAS is a powerful program that empowers children with asthma to better understand and manage their condition, as well as provides parents and teachers with support tools for assisting children with Asthma.

The OAS program helps hundreds of children every year become "Asthma Experts", as they learn the necessary techniques and strategies to help them manage their asthma so they can do all the things their peers can do, without feeling embarrassed or afraid. The OAS program is free to schools and to the children who participate, but it is not free to the American Lung Association of Utah (ALAU), which runs the program.

With StoresOnline’s support, OAS taught classes in 41 local area schools, reaching over 350 children – more than OAS has been able to teach in several years. Clint Sanderson, VP of Seminar Sales for StoresOnline and a Board Member of the Utah Lung Association commented, “StoresOnline is thrilled to support and enable such a wonderful cause. The OAS program empowers children with Asthma with the right tools and training to not only survive their Asthma but really thrive!”

Cherissa Wood, Program Manager for OAS said, “Starting out, many of these kids don't want anyone to know they have asthma, because it labels them or makes them feel embarrassed. However, after attending OAS, they see they are not alone and they gain the skills and confidence to fully participate in activities they previously had avoided.”

One parent commented, “This program helps empower the children to take ownership of their asthma, and learn key skills and techniques to help them in everyday situations. They learn about their medications and the importance of taking them when and how they should.”

Another parent shared, "My daughter never complains about taking her "puffer" (inhaler) in public anymore- she knows more about her symptoms, and knows what she needs to do in any possible situation. Before the OAS program, my daughter used to call home every day from school, complaining about her asthma. After the OAS program, she stopped calling home, was no longer scared to take her medications, and she learned strategies to help her relax when she was having a difficult time breathing.”

The OAS program also helps parents better understand and support their child's asthma. Each lesson is designed with a take-home assignment or message the child is to share with their family. They are encouraged to talk about what they learned and practice new techniques.

One volunteer instructor related that a few children from her OAS class helped out a fellow OAS classmate during gym. The child was having a difficult time breathing during an activity, but the teacher didn't know the child had asthma. The other children from the OAS class told the teacher that the child had asthma, and needed to take a break. The child was able to take a break and as a result did not have an asthma attack.

Cherissa Wood shared the future vision for OAS saying, “It is our goal to expand this program in the coming years so more schools and children outside the Wasatch front have the opportunity to benefit from OAS. We look forward to our continued relationship with StoresOnline and encourage other business to get involved in this life changing program.”

Mr. Sanderson concluded, “As a business, StoresOnline is committed to making a difference by providing entrepreneurs and small business owners the tools and training they need to survive and thrive on the internet. Getting behind and supporting an entrepreneurially driven program like OAS is a natural extension of our company values as OAS is also focused on providing the right tools and training so children with asthma can also survive and thrive in school and in life.”

For more information on the OAS program contact:
Cherissa Wood
Program Manager
American Lung Association of Utah
1930 South 1100 East
SLC, UT 84106
Phone: 801-931-6992 ex 492
Fax: 801-484-5461
http://www.lungutah.org/

About StoresOnline
StoresOnline provides eCommerce solutions to entrepreneurs and small businesses enabling them to market and sell their business products or ideas via the Internet. Headquartered in Orem, Utah, the company sells its proprietary StoresOnline software and training services which help users build successful Internet strategies to market products, accept online orders, analyze marketing performance, and manage pricing and customers. In addition to software, StoresOnline offers site development, web hosting and marketing products. StoresOnline typically reaches its target audience through a concentrated direct marketing effort to fill Preview Sessions, in which a StoresOnline expert reviews the product opportunities and costs. These sessions lead to a follow-up Workshop Conference, where product and technology experts train potential users on the software and encourage them to make purchases. StoresOnline is a trademark of StoresOnline, Inc.

CONTACT:
StoresOnline, Inc.
Jeff Korn
801-431-4695
jkorn@storesonline.com




Tuesday, August 26, 2008

iMergent Fourth Quarter and Year End Financial Results

iMergent to Hold Fiscal Fourth Quarter and Year End Financial Results Conference Call on September 4, 2008


OREM, Utah, August 13, 2008 – iMergent, Inc. (AMEX: IIG) announced it will hold its fiscal fourth quarter and year end 2008 financial results conference call on Thursday, September 4, 2008 at 1:30 p.m. Pacific Time or 4:30 p.m. Eastern Time. Donald Danks, chief executive officer, Brandon Lewis, president and chief operating officer, Robert Lewis, chief financial officer and Jeff Korn, general counsel, will deliver prepared remarks and conduct a question and answer session.

The conference call will be broadcast live over the Internet at file:///C:/Documents%20and%20Settings/brendan/Local%20Settings/Temporary%20Internet%20Files/www.imergentinc.com. If you do not have Internet access, the telephone dial-in number is 800-639-0297 for domestic participants and 706-634-7417 for international participants. Please dial in five to ten minutes prior to the beginning of the call at 1:30 p.m. PT (4:30 p.m. ET). A telephone replay will be available three hours after the call through September 8, 2008 by dialing 800-642-1687 for domestic callers or 706-645-9291 for international callers and entering access code 60268194.

About iMergent
iMergent provides eCommerce solutions to entrepreneurs and small businesses enabling them to market and sell their business products or ideas via the Internet. Headquartered in Orem, Utah, the company sells its proprietary StoresOnline software and training services which help users build successful Internet strategies to market products, accept online orders, analyze marketing performance, and manage pricing and customers. In addition to software, iMergent offers site development, web hosting and marketing products. iMergent typically reaches its target audience through a concentrated direct marketing effort to fill Preview Sessions, in which a StoresOnline expert reviews the product opportunities and costs. These sessions lead to a follow-up Workshop Conference, where product and technology experts train potential users on the software and encourage them to make purchases. iMergent, Inc. and StoresOnline are trademarks of iMergent, Inc.

CONTACT:
Rob Lewis, CFO
iMergent, Inc.
801-431-4695
investor_relations@imergentinc.com

Investor Relations Contact:
CFO Kirsten Chapman
Lippert/Heilshorn & Associates
415.433.3777
kchapman@lhai.com




iMergent Reaches Settlement with the State of North Carolina

iMergent Reaches Settlement with the State of North Carolina

- Company to resume business in North Carolina -

OREM, Utah, August 6, 2008 - iMergent, Inc. (AMEX: IIG), a leading provider of eCommerce software for small businesses and entrepreneurs, announced it agreed to a Consent Judgment with the Office of the Attorney General of the State of North Carolina on Monday, August 4, 2008. The judgment, when entered by the court will allow iMergent to immediately schedule workshops in North Carolina.

In 2007, the Attorney General of North Carolina filed an action claiming iMergent sold a business opportunity and violated Consumer protection statutes. The State received a temporary injunction prohibiting iMergent from transacting sales and requiring iMergent to issue refunds to any North Carolina customer who requested a refund. The following is a result of the July 2008 agreement.

The injunction is lifted, and iMergent is permitted to schedule workshops.

There is no finding iMergent is a seller of a business opportunity and no finding of wrongdoing. The settlement does not limit iMergent’s ability to conduct business in the state.
iMergent agreed to certain actions intended to clarify its business practices.

iMergent agreed to pay fees totaling $90,000 and refund any customers in North Carolina who may file claims within 60 days given the claim includes a declaration issued under penalty of perjury that the customer has been unable to activate a web site and get it fully operational. Management does not expect the refunds will be material as it has refunded all customers who have made a request under the terms of the injunction.

Jeff Korn, iMergent general counsel, said, “I want to thank the Attorney General of North Carolina, who took the time to learn and understand our business. The Office operated in good faith to recommend changes to our presentations, which helped to clarify our business practices. We are always willing to take any reasonable action that assists in making our sales practices transparent to regulators and, most importantly, our customers. We believe our StoresOnline™ Express model has substantially helped in our ability to negotiate the agreement, which lifts the injunction previously in place. Customers who purchase StoresOnline Express have the opportunity to test our best of breed software and award winning customer service before purchasing an upgrade to StoresOnline Pro. We are hopeful our continued improvements in our presentations and service will assist in resolving any other outstanding disputes.”

Don Danks, CEO, stated, “Once again, after study of our business model with StoresOnline Express and Pro, we have been able to resolve a long standing dispute. We are pleased this matter has been resolved, and we intend to return to North Carolina shortly.”

Before the stock market opened today, the company filed an SEC Form 8-K.


Safe Harbor
Statements made in this press release regarding (1) iMergent transacting business in the State of North Carolina and scheduling workshops (2) the settlement resolving outstanding matters with the State of North Carolina, (3) the lifting of the injunction (4) the settlement not affecting continued operations in the State of North Carolina, (5) Imergent addressing issues to clarify its business practices, (6) iMergent refunding any customers in North Carolina who may file claims within 60 days given the claim includes a declaration issued under penalty of perjury that the customer has been unable to activate a web site and get it fully operational (7) the expectation that the refunds will not be material, (8) changes to iMergent presentations, which help to clarify business practices, (9) iMergent being willing to take any reasonable action that assists in making sales practices transparent to regulators customers, (10) that the StoresOnline™ Express model has substantially helped in the ability to negotiate the agreement, (11) that customers who purchase StoresOnline Express have the opportunity to test the best of breed software and award winning customer service before purchasing an upgrade to StoresOnline Pro, (12) continued improvements in presentations and service will assist in resolving any other outstanding disputes, (13) that study of iMergent business model with StoresOnline Express and Pro have resulted in the ability to resolve a long standing dispute and (14) the Attorney General of the State of North Carolina taking the time to fully understand Company presentations are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. For a more detailed discussion of risk factors that affect iMergent's operations, please refer to the company's Form 10-K for the year ended June 30, 2007, and Forms 10-Q for the periods ended September 30, 2007, December 31, 2007, and March 31, 2008.


About iMergent
iMergent provides eCommerce solutions to entrepreneurs and small businesses enabling them to market and sell their business products or ideas via the Internet. Headquartered in Orem, Utah, the company sells its proprietary StoresOnline software and training services which help users build successful Internet strategies to market products, accept online orders, analyze marketing performance, and manage pricing and customers. In addition to software, iMergent offers site development, web hosting and marketing products. iMergent typically reaches its target audience through a concentrated direct marketing effort to fill Preview Sessions, in which a StoresOnline expert reviews the product opportunities and costs. These sessions lead to a follow-up Workshop Conference, where product and technology experts train potential users on the software and encourage them to make purchases. iMergent, Inc. and StoresOnline are trademarks of iMergent, Inc.

CONTACT:
StoresOnline, Inc.
Jeff Korn,
801-431-4695
jkorn@storesonline.com

Investor Relations Contact:
CFO Kirsten Chapman
Lippert/Heilshorn & Associates
415.433.3777
kchapman@lhai.com